Hight Cate prepares in-tight meals tor ainines in its kitchen located next to a local airport. I he compony/s planing oudget for July appears below: In July, 22,000 meals were actually served. The company's flexible budget for this level of activity appeass below: Required: 1. Calculate the company's activity variances for July. (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e,, zero variance). Input all amounts as positive values.)